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18 October 2024 | 16 replies
The number one benefit for a high income earner that invests in long-term investments is that the depreciation will shield your rental income from your effective tax rate.if you are a high income earner, you are likely around the 35% federal tax bracket and another 5-10% tax bracket if you are in a state with a taxInterest income will be taxed at potentially 45% + 3.8% net investment income taxDividend income will be taxed at potentially 30% + 3.8% net investment income taxRental income potentially at 0%I think a lot of people get disappointed that their tax burden doesn't decrease.It can potentially decrease but it will require proper planning along with some level of participation with the real estate.
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19 October 2024 | 7 replies
I'm willing to seller finance 3 former model homes, with clean titles, no structural issues, turnkey investments that are fully paid for, in a sought after area.
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13 October 2024 | 0 replies
Wholesaling in Nashville was my first experience into the world of real estate investing.
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17 October 2024 | 5 replies
I'm happy to help with that, feel free to DM to connect.Will this be a primary house-hack where you live in one unit?
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9 October 2024 | 9 replies
I'm looking to invest in a duplex in NJ to house hack.
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16 October 2024 | 5 replies
With short notice, I'm looking for any insurance who can insure a house in Irvington, NJ 07111.
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9 October 2024 | 9 replies
House hacking will get you ahead for sure!
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18 October 2024 | 6 replies
I highly, highly, highly suggest developing a relationship with a really good local agent that understands real estate investing.
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17 October 2024 | 5 replies
When it comes to buying houses to wholesale, flip, or make rentals... it's all about connecting with people.
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14 October 2024 | 9 replies
Often with probate where mom and dad leaves house to 3 kids equally.